TDS
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 June 2011
in case of professional services is tds to be deducted on fees excluding the amount of service tax? as far as i know this was required only in case of rent ?
20 June 2011
TDS is to be deducted inclusive of service tax.
Message likes :
1 times
20 June 2011
Kindly note that in all cases you have deduct Tax at source on Gross amount of the bill i. e including service tax. If the bill includes expenses also then the TDS is to be deducted on expenses also. No TDS will be deducted for expenses if a separate bill is submitted to the company for reimbursement of expenses but the expenses must be supported with bills. If the fee is divided into service and expenses which is not supported with the bills then the TDS is to be deducted on the entire amount with the limit of aggregate payment of Rs. 30,000/- in a year for professional services.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Taxation of crypto futures in India Fy 2026- 2027
- MSME disclosure and disallowance
- EPF ECR NEW RULES Sep 17th 2026
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
